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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (53832)6/13/2000 8:44:00 AM
From: UnBelievable  Respond to of 99985
 
Or The Late Spring and Summer

but I'm sure they did the appropriate seasonal adjustment.



To: ChrisJP who wrote (53832)6/13/2000 8:56:00 AM
From: Tunica Albuginea  Respond to of 99985
 
ChrisJP:0850:Sanford Bernstein downgrades HWP---> futures tanking as a result
of that.
He feels they will not be able to meet estimates.
Feeling that high interest rates will kill earnings may
be slowly starting to sink in.
Everything else doesn't matter.

TA

To: UnBelievable who wrote (53830)
From: ChrisJP Tuesday, Jun 13, 2000 8:42 AM ET
Reply # of 53838

IMO the slowdown in consumer spending is more closely correlated with the dive in the stock market than it is with the rise in interest rates.
Regards,
Chris